Chip and AI Stocks Drop After CEOs Urge Caution on Development Pace
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.
TI reported strong Q2 2026 results, with revenue growth of 23% and a 53% surge in profit, beating estimates. The company also raised its Q3 outlook.
Texas Instruments beat Q1 estimates, boosted by AI chip demand, strong auto & industrial recovery, and raised its Q2 outlook.
Marvell upgraded to Overweight ($150) on booming optical growth; Texas Instruments Buy ($250) as analog chip demand rises.
Texas Instruments to buy Silicon Labs for $7.5B in cash deal, expanding wireless connectivity portfolio. Silicon Labs shares surge 51% on announcement.
Texas Instruments forecasts Q1 revenue above Wall Street expectations, signaling recovery in analog chip demand after market downturn.